November 14, 2017, 9:00 am EST
San Francisco Entrepreneurs Highly Confident About Year-End Revenue, Economic Optimism Driving Robust Growth Outlook
As the year comes to a close, the majority of San Francisco-area small business owners are confident that their year-end revenue will exceed that of 2016, and they are projecting that growth will continue into the year ahead. According to the fall 2017 Bank of America Business Advantage Small Business Owner Report, a semi-annual survey of 1,000 business owners across the country and in the greater Bay Area, 66 percent of San Francisco entrepreneurs expect their revenue to increase over the next 12 months, up 7 percentage points from one year ago and 15 percentage points higher than the national average. In the near term, 86 percent of San Francisco entrepreneurs are confident that their year-end revenue will exceed that of 2016.
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